Technology investor and managing director of The Foundry Group, Seth Levine, shares his thoughts about the changing trends in entrepreneurship over the past few years.

He points to several factors that have recently contributed to shifts in the way people consider and approach entrepreneurship including the breaking down of geographical barriers and a decreasing emphasis on pedigree.

One of the great trends we’ve been witnessing over the past decade, and in particular the past 5 years, has been what you might call the “democratization” of entrepreneurship”. It’s a powerful trend and one that I think will have a huge impact not just on the US economy and workforce, but perhaps even more intensely on other areas of the world – particularly developing economies.